https://www.taxtmi.com/caselaws?id=447357 The court dismissed the appellant's appeal regarding AY 2005-06, upholding the Income Tax Appellate Tribunal's decision to sustain the addition made by the Assessing Officer under Section 68 of the Income Tax Act, 1961. The Tribunal determined that the appellant failed to provide sufficient evidence to prove the source of cash receipts, considering the appellant an entry provider. Despite arguments that only the commission should be added to the income, the Tribunal found no new evidence to alter its decision. The court agreed, concluding no substantial legal question existed, thus closing the appeal. en-us Fri, 01 Dec 2023 00:00:00 +0530 Sat, 23 Dec 2023 09:44:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447357 The court dismissed the appellant's appeal regarding AY 2005-06, upholding the Income Tax Appellate Tribunal's decision to sustain the addition made by the Assessing Officer under Section 68 of the Income Tax Act, 1961. The Tribunal determined that the appellant failed to provide sufficient evidence to prove the source of cash receipts, considering the appellant an entry provider. Despite arguments that only the commission should be added to the income, the Tribunal found no new evidence to alter its decision. The court agreed, concluding no substantial legal question existed, thus closing the appeal. Case-Laws Income Tax Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447357